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New Articles:
- July 2008 Mortgage Licensing Update
- June 2008 Mortgage Licensing Update
- May 2008 Mortgage Licensing Update
- April 2008 Mortgage Licensing Update
- March 2008 Mortgage Licensing Update
Contact Us
For assistance with mortgage licensing contact us at:Direct Phone: (714) 656-3960
Fax: (714) 829-1444
ssheasby@integritymortgagelicensing.com
Information herein is for educational purpose only and is not meant to be a complete statement of all state mortgage licensing requirements. Additional State and FHA mortgage licensing requirements may be required. If you need further information, we would encourage you to contact us directly.
Virginia Mortgage Licensing
Mortgage Banker
Mortgage Lender License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $200,000
Surety Bond: $50,000
State Initial Fee: $1,000
State Renewal Fee:
Branch Licensing:
Loan Officer Licensing:
Experience/Education:
Comments: For the lender license, you will need to show $200,000 of cash in the bank or line of credit from a bank.
Mortgage Broker
Mortgage Broker License
Physical Office Required: No
In-State Officer/ Key Person: No
Minimum Net Worth: $ None
Surety Bond: $25,000
State Initial Fee: $500
State Renewal Fee:
Branch Licensing:
Loan Officer Licensing:
Experience/Education:
Regulated by:
Bureau of Financial Institutions
1300 E. Main Street, Suite 800
P.O. Box 640
Richmond, Virginia 23218-0640
Telephone: (804) 371-9657
Fax: (804) 371-9416
http://www.state.va.us/scc/division/banking/index.htm